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Category Archives: News

A recent study by ACE Private Risk Services found that poor documentation may impact families harshly when it comes to managing tangible assets. The study was conducted by examining the homes of three thousand high net worth families. What they found was that almost fifty percent of the homes evaluated where under-insured. Tangible assets refer to things like jewelry, antiques, fine art and other valuables. And while high net worth … Read More

What we associate with “the most wonderful time of the year” often times leaves employees feeling less than cheerful. The pressure of finishing up the year’s projects along with the seemingly never ending holiday to do lists can quickly switch “holiday cheer” to “holiday blues”. This time of year is particularly challenging for anyone who recently lost a loved one, is going through a break up or in financial strain. … Read More

A recent survey conducted by The Employee Benefit Research Institute found that retirement confidence among workers are at a new low. With only 18% of participants feeling very confident, 37% feeling somewhat confident and 24% stating that they are not at all confident that they have saved enough to live comfortably in retirement. However, while retirement confidence among employees is low, there is an unlikely demographic that shows higher confidence … Read More

The United States’ sluggish recovery from the 2008 recession has taken a disproportional toll on the financial stresses of the “sandwich generation”, a generation of people who care for their aging parents while supporting their own children. According to a survey from the Pew Research Center, nearly half of adults in their 40s and 50s are supporting a living parent as well as either raising a young child or financially … Read More

A study commissioned by Schwab Retirement Plan Services found that a 401(K) ranked as a top priority benefit for many employees when it comes to their work benefits, yet only 24% seek advice on managing their 401(K) investments. The survey was conducted nationwide and asked its participants what benefits outside of health benefits where a “must have” for signing on with a company. The study found as follows: 87% – … Read More